yea its right to assume that instos were well in the know. Id go as far as to say that execs were lining it up with instos to capitalise off the drop as any affect from the pandemic should have been known by Aug 2020 and reported on given it had already been around for near a year in the biggest market. yet gave nothing.
Can be said though, the pandemic did expose the supply issues, they only became an issue because of the pandemic. If hadnt of happened then likely would have been fine. Some of it is down to extreme bad luck in this stock as everything that could have gone wrong did go wrong. I think though not just bad luck as for sure there was some dodgy bs at play from insiders and instos. That became clear when how poorly the prices plummeted and inaction to do anything about it quickly by management and let instos run rampant on the price.Here we are nearly 4 years later and still bs being pushed to suppress price.
Shame execs of companies cant be punished by deduct of salaries by amount a price drops in a year. Might actually motivate them to pull thumb out and do something to fix the problems faster and counter instos nonsense. Get nothing done when can sit on fat salary with no consequences. Shame to instos actions arent constantly scrutinised by authorities. According to article saw the other day the ASIC is underfunded, checks salaries of execs... ahh okay that explains that.
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$4.92 |
Change
-0.360(6.82%) |
Mkt cap ! $3.562B |
Open | High | Low | Value | Volume |
$5.30 | $5.30 | $4.89 | $27.96M | 5.591M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 714 | $4.92 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.93 | 10183 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 714 | 4.920 |
2 | 1111 | 4.910 |
8 | 107342 | 4.900 |
2 | 26076 | 4.890 |
5 | 11316 | 4.880 |
Price($) | Vol. | No. |
---|---|---|
4.930 | 10183 | 1 |
4.950 | 4869 | 3 |
4.960 | 32368 | 2 |
4.980 | 14595 | 2 |
4.990 | 25368 | 3 |
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